Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
First Northern Community Bancorp ( (FNRN) ) has provided an announcement.
On January 29, 2025, First Northern Community Bancorp reported a net income of $20 million for 2024, a 7.5% decrease from 2023, with a notable decline in the fourth quarter driven by reduced credit loss reversals. Total assets grew to $1.89 billion, and the company declared a 5% stock dividend. The company maintained a strong capital position, focusing on cost management amidst rising interest rates, which helped improve shareholder equity and book value per share by the end of 2024.
More about First Northern Community Bancorp
First Northern Community Bancorp is the holding company for First Northern Bank, an independent community bank specializing in relationship banking. Headquartered in Solano County since 1910, the bank serves multiple counties in California and offers expertise in small business, commercial, real estate, and agribusiness lending, as well as mortgage loans. The bank operates 14 branches and provides non-FDIC insured investment and brokerage services.
YTD Price Performance: -0.65%
Average Trading Volume: 9,901
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $151.2M
See more insights into FNRN stock on TipRanks’ Stock Analysis page.
